Answer:
1
Explanation:
Income elasticity is how the quantity demanded of a product changes due to a change in the income of an individual.
The formula for calculating Income elasticity of demand is, percentage change in quantity demanded divided by the percentage change in income.
Here the income of Arista increases but the price of gizmos remains the same, that is why the 10% now will be more than what it used to be before the increase in income.
Hope this helps. Good luck.
<span>Decline in group cohesiveness appears when the members of the group are not strongly attached to each other and there is no cooperation between them. Several factors could decrease group cohesion. Some of them are:
</span><span>- the group is big
</span>-members have conflicting opinion about group goals,
- the group is h<span>eterogeneous (with members from different age groups, job responsibilities, education or status) </span>
- there is intra-group competition, in which individual goals are at the cost of group goals.
Answer: Option (D) is correct.
Explanation:
In the labor discipline model, an increase in unemployment will decrease workers’ employment rents and decrease workers’ effort level.
An increase in the unemployment, will shift the bargaining power towards employers. So, they are taking advantage of this situation by reducing the wage rate because they know that workers don't have much options of employment.
Now, employers giving lower wage to the workers, as a result this will discourage workers for giving their full effort to the work.
Answer:
Build another toll road because then they won't have any option but to actually use it since there will be 2
Answer:
$44.77
Explanation:
Sankey corporation has earning per share of $4.40
The benchmark PE is 197 times
Therefore the appropriate stock price can be calculated as follows
= 197/4.40
= $44.77
Hence the appropriate stock price is $44.77
